Hydrogen-Powered Honda Vehicle Qualifies for Tax Credit

Hydrogen-Powered Honda Vehicle Qualifies for Tax Credit

IR-2007-133, July 25, 2007 WASHINGTON — The Internal Revenue Service acknowledged the certification by American Honda Motor Company, Inc, that one of its vehicles meets the requirements of the Alternative Motor Vehicle Credit as a qualified fuel cell vehicle. Purchasers of the 2005 and 2006 Honda FCX, which is only capable of operating on hydrogen, may rely on their certification concerning the vehicle’s qualification for the Qualified Fuel Cell Motor Vehicle Credit. The credit amount for the 2005 and 2006 Honda FCX is $12,000.